Richard J. Stockton is the CEO of Braemar Hotels & Resorts, having taken on the role in November 2016. He holds a solid educational background with an MBA in Finance and Real Estate from The Wharton School at the University...

Richard J. Stockton is the CEO of Braemar Hotels & Resorts, having taken on the role in November 2016. He holds a solid educational background with an MBA in Finance and Real Estate from The Wharton School at the University of Pennsylvania and a BS in Hotel Administration from Cornell University. Before leading Braemar, he spent over 15 years in real estate investment banking at Morgan Stanley, where he climbed the ranks to become a Managing Director and head of regional teams in Europe and Asia. His business acumen led him to significant roles, including CEO-Americas at OUE Limited and Global COO at Carval Investors, where he managed substantial investments across multiple countries. Interestingly, while his base salary from Braemar is zero, his total compensation is mostly tied to stock awards, showing a clear alignment with company performance. In 2022 alone, he saw over 100,000 shares vest, valued at approximately $609,000. Richard has a clear focus on long-term success, which is reflected in his compensation strategy and the performance metrics set for the company—aiming for meaningful growth and profitability.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

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Richard J. Stockton

CEO of Braemar Hotels & Resorts

Education

Master’s of Business Administration degree in Finance and Real Estate from The Wharton School, University of Pennsylvania, and a Bachelor of Science degree from Cornell University, School of Hotel Administration

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

January 1, 1970 - 55 years ago

CEO of Braemar Hotels & Resorts for

8 years 5 months (Nov 2016 - Present)

Previous Experience

Global Chief Operating Officer for Real Estate at CarVal Investors

Rivals

Competitors/colleagues of Richard J. Stockton

Holdings

See how much did Richard J. Stockton make over time.

As the CEO of Braemar Hotels & Resorts, Richard J. Stockton has seen fluctuations in his holdings that mirror his company's performance. At one point in 2019, the value of his holdings reached around $3.38 million as he actively participated...

As the CEO of Braemar Hotels & Resorts, Richard J. Stockton has seen fluctuations in his holdings that mirror his company's performance. At one point in 2019, the value of his holdings reached around $3.38 million as he actively participated in insider trading with significant stock sales from various months. Post-2020, there was a notable decline, dropping to about $1.30 million by March 2020. However, as of 2022, Richard's holdings began to climb, reflecting improved confidence in the company. Recent data shows that his holdings have stabilized, with ongoing monthly values typically hovering around $4 to $6 million, showcasing his investment and commitment to the long-term success of Braemar. The company's stocks also reached peaks during the trading period, indicating healthy investor interest and potential for future growth.

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Total Stock Sold

$1.41M

BHR

$1.41M

213,606 BHR shares

What if they kept their stock?

If Richard J. Stockton didn't sell their stock, today they would have:
Extra BHR213,606 shares worth $380.22K.
This is -73% and $1.03M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Richard J. Stockton.

BHR

$13.81K

BHR at $12.00/share

Sep 25, 2023

Purchase

BHR

$53.73K

BHR at $13.43/share

Aug 31, 2023

Purchase

BHR

$26.57K

BHR at $13.16/share

Aug 25, 2023

Purchase

BHR

$98.04K

BHR at $2.28/share

Aug 22, 2023

Purchase

BHR

$12.73K

BHR at $12.99/share

Aug 22, 2023

Purchase

BHR

$1.43M

BHR at $6.71/share

Mar 1, 2021

Sale

BHR

70,000 shares

BHR

Mar 11, 2020

Received

BHR

64,103 shares

BHR

Feb 28, 2019

Received

Compensation History

See how much did Richard J. Stockton make over time.

Richard J. Stockton's compensation model at Braemar Hotels & Resorts is unique, given that he receives no salary or cash bonuses. Instead, his entire compensation is tied to stock awards, aligning his interests with shareholders. In 2022, Richard's reported total compensation stood at approximately $1.65 million, most of which came from vesting stock awards. Notably, in that year, he had about 103,032 shares vesting, valued at around $609,000, reflecting his performance-focused approach. Over the years, as CEO, his compensation reflects company performance metrics, driving home the idea that his success is directly tied to the company’s prosperity. His strategic emphasis on equity-based compensation helps motivate executives and aligns their goals with those of the investors.

Year

2022

Total Compensation

$1.03M

Salary

$0.00

Board Justification

The compensation philosophy aligns executive compensation with the performance of the company and the interests of stockholders, focusing on long-term incentives and performance-based awards.

Bonus

$0.00

Board Justification

No salary or bonus compensation is paid to executive officers; however, cash compensation is provided through equity-based awards and deferred cash awards.

Other

$422.56K

Board Justification

Other compensation includes payments under deferred cash awards granted in 2022, which provide for potential payments over three years.

Restricted Stock

$609.40K(103.03K common stock)

Board Justification

103,032 shares of common stock vested in 2022 as part of the performance stock units and LTIP awards granted in prior years.

Performance Metrics

Performance metrics for 2022 included revenue, adjusted EBITDA, liquidity levels, and strategic goals related to investor outreach and loan refinancing.